September 29, 2021

08:09

Cassandra Castro – from Cenarium

BRASILIA – The maintenance of the veto of the federal government related to the end of the exemption of PIS/COFINS in the import of fuel, oil and lubricants by companies of the Industrial Pole of Manaus (PIM) brought relief to those who follow bills (PL) and provisions that may bring consequences to the economic model of the Manaus Free Trade Zone (ZFM).

The decision to maintain the veto was celebrated by some parliamentarians, such as the vice-president of the House of Representatives, Congressman Marcelo Ramos (PL-AM), and Senator Eduardo Braga (MDB-AM). Another congressman who highlighted the importance of keeping the veto to article 8 of Law 14.183, originated from Provisional Measure 1034/21, was Congressman Bosco Saraiva (Solidarity-AM).

“The veto guarantees the untouchability of our regional development model and it is fundamental that Decree 288 remains in its integrity to ensure investments and the growth of the Manaus Free Trade Zone”, said Saraiva.

Veto

In June of this year, the approval of the Provisional Measure that originated Law 14.183 in the Senate was conditioned to a commitment made by the government leader in the House, Senator Fernando Bezerra (MDB-PE), to the senators of the state of Amazonas, that the president Jair Bolsonaro (no party) would veto article 8 of the Provisional Measure.

For economist Denise Kassama, the news is beneficial because it allows factories to continue operating in highly competitive markets, but she believes that an important point that should be the object of the National Congress with more attention is the tax reform that should be discussed in a broad way and not in pieces. “This is bad for the country, it shows that this government doesn’t have a plan, it seems lost in the midst of fundamental issues for development”, said the economist.

The Contribution for the Financing of Social Security (Cofins) and the contribution for PIS/PASEP, required today, are more updated versions of taxes that have existed for decades in the country. They are contributions within the competence of the Union and are taxes whose revenue is not shared with the States, Federal District and Cities.